MIRA INFORM REPORT
|
Report Date : |
25.02.2014 |
IDENTIFICATION DETAILS
|
Name : |
DIEGO DI DIEGO MAZZI E C. S.N.C. |
|
|
|
|
Registered Office : |
Via Verona, 41, 37017 – Lazise (VR) |
|
|
|
|
Country : |
Italy |
|
|
|
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Date of Incorporation : |
17.09.2003 |
|
|
|
|
Legal Form : |
General partnership |
|
|
|
|
Line of Business : |
Manufacture in multiples of outerwear |
|
|
|
|
No. of Employees : |
from 6 to 10 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
Status : |
Moderate |
|
Payment Behaviour : |
Unknown |
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2014
|
Country Name |
Previous Rating (31.12.2013) |
Current Rating (31.03.2014) |
|
Italy |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
D |
ITALY - ECONOMIC OVERVIEW
Italy has a diversified
industrial economy, which is divided into a developed industrial north,
dominated by private companies, and a less-developed, highly subsidized,
agricultural south, where unemployment is higher. The Italian economy is driven
in large part by the manufacture of high-quality consumer goods produced by
small and medium-sized enterprises, many of them family-owned. Italy also has a
sizable underground economy, which by some estimates accounts for as much as
17% of GDP. These activities are most common within the agriculture,
construction, and service sectors. Italy is the third-largest economy in the
euro-zone, but its exceptionally high public debt and structural impediments to
growth have rendered it vulnerable to scrutiny by financial markets. Public
debt has increased steadily since 2007, topping 133% of GDP in 2013, but
investor concerns about Italy and the broader euro-zone crisis eased in 2013,
bringing down Italy's borrowing costs on sovereign government debt from
euro-era. The government still faces pressure from investors and European
partners to sustain its efforts to address Italy's long-standing structural
impediments to growth, such as labor market inefficiencies and widespread tax
evasion. In 2013 economic growth and labor market conditions deteriorated, with
growth at -1.8% and unemployment rising to 12.4%, with youth unemployment
around 40%. Italy's GDP is now 8% below its 2007 pre-crisis level.
|
Source
: CIA |
Company
name and address
DIEGO DI DIEGO MAZZI E C. S.N.C.
Via Verona, 41
37017 – Lazise (VR) -IT-
Summary
|
Fiscal Code |
: |
03341000234 |
|
Legal Form |
: |
General partnership |
|
start of Activities |
: |
06/10/2003 |
|
Turnover Range |
: |
750.000/1.000.000 |
|
Number of Employees |
: |
from 6 to 10 |
Activity
Manufacture in multiples of outerwear
Legal
Data
Legal Form : General partnership
|
Register of Handcraft firms : 144861 of Verona |
|
Fiscal Code : 03341000234 |
|
Chamber of Commerce no. : 1901254 of Milano |
|
Chamber of Commerce no. : 328554 of Verona since 24/09/2003 |
|
V.A.T. Code : 03341000234 |
|
Establishment date |
: 17/09/2003 |
|
|
Start of Activities |
: 06/10/2003 |
|
|
Legal duration |
: 31/12/2030 |
|
|
Nominal Capital |
: 10.000 |
|
|
Subscribed Capital |
: 10.000 |
|
|
Paid up Capital |
: 10.000 |
Members
|
|
Mazzi |
Diego |
|
|
Born in Verona |
(VR) |
on 03/01/1959 |
- Fiscal Code : MZZDGI59A03L781O |
|
|
Residence: |
Camporosso |
, 77 |
- 37017 |
Lazise |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
17/09/2003 |
5.000 - |
50,00 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
|
|
Bortolameolli |
Manuela |
|
|
Born in Bolzano |
(BZ) |
on 10/06/1957 |
- Fiscal Code : BRTMNL57H50A952S |
|
|
Residence: |
Camporosso |
, 77 |
- 37017 |
Lazise |
(VR) |
- IT - |
|
Position |
Since |
Shares Amount |
% Ownership |
|
Partner |
17/09/2003 |
5.000 - |
50,00 |
|
|
No Prejudicial events are reported |
|
|
No Protests registered |
Companies
connected to members *
*checkings have been performed on a national scale.
In this module are listed the companies in which members hold or have holded
positions.
|
|
Mazzi |
Diego |
|
Firm's Style |
Seat |
Fiscal Code |
Position |
Position Status |
Firm's Status |
|
Mazzi Nordanfur S.r.l. |
Verona (VR) - IT - |
01756670236 |
Vice-Chairman |
Withdrawn |
Registered |
|
Mazzi Nordanfur S.r.l. |
Verona (VR) - IT - |
01756670236 |
Director |
Withdrawn |
Registered |
|
Mazzi Nordanfur S.r.l. |
Verona (VR) - IT - |
01756670236 |
Assistant board Chairman |
Withdrawn |
Registered |
|
Bel Camin S.n.c. Di Mazzi Matteo E C. |
Bussolengo (VR) - IT - |
00648410231 |
Partner |
Active |
Registered |
The indication "REGISTERED" as Firm Status could refer to
Firms in Liquidation, Active, Inactive, etc.
For more information, in this case, we advise to request further
investigations.
Direct
Participations
The Company under review has participations in the following Companies:
|
Firm's Style |
Seat |
Fiscal Code |
Owned Shares Amount |
% Ownership |
since |
until |
Share Status |
|
Moda In Italy - Consorzio Tra Produttori Del Settore Moda Dell'emilia
Romagna In |
Bologna - IT - |
03146710375 |
Active |
Firm's
location and structure
In order to carry out its activities the firm uses the following
locations:
|
- |
Legal and operative seat |
|
Verona |
, 41 |
- 37017 |
- Lazise |
(VR) |
- IT - |
|
- |
Branch |
(Exhibition) |
since 16/04/2009 |
|
Monte Napoleone |
, 19 |
- 20100 |
- Milano |
(MI) |
- IT - |
|
Employees |
: 8 |
Protests
Protests checking on the subject firm has given a negative result.
Data
Base Prejudicial Events Search
Search performed on a National Scale
|
|
Prejudicial Events Search Result: NEGATIVE |
Search performed on a specialized data base.
Legal
Procedures
None reported, standing to the latest received edition of the Official Publications.
Financial
and Economical Analysis
The subject was set up many years ago and from a financial point
of view, it works in a satisfactory manner.
Good financial conditions. They let the firm meet business
requirements without problems.
Subject's payment experiences we record are all positive.
Debts stand on normal position. Modest use of supplier and bank
credit.
No irregularities are registered.
Correct trade relations. No meaningful remark is expressed by
usual suppliers.
Financial
Data
|
|
Complete balance-sheet for the year |
(in Eur |
x 1) |
|
Item Type |
Value |
|
Sales |
800.000 |
Remarks
1) Protests checking (relative to the last five years) performed by
crossing and matching the members names and the Firm's Style with the reported
addresses, is supplied by the Informatic Registry managed by the Italian
Chamber of Commerce. If the fiscal code is not indicated, the eventual
homonymous cases are submitted to expert staff evaluation in order to limit
wrong matching risks.
2) The Legal Data, supplied and retrived from the Firm's Registry of the
Italian Chamber of Commerce, are in line with the last registered
modifications.
3) Risk evaluation and Credit Opinion have been performed on the base of
the actual data at the moment of their availability.
Market
/ Territory Data
|
Population living in the province |
: |
|
|
Population living in the region |
: |
|
|
Number of families in the region |
: |
|
Monthly family expences average in the region (in Eur..) :
|
- per food products |
: |
|
|
- per non food products |
: |
|
|
- per energy consume |
: |
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Sector
Data
The values are calculated on a base of 864 significant companies.
The companies cash their credits on an average of 121 dd.
The average duration of suppliers debts is about 116 dd.
The sector's profitability is on an average of 2,26%.
The labour cost affects the turnover in the measure of 12,27%.
Goods are held in stock in a range of 78 dd.
The difference between the sales volume and the resources used to
realize it is about 1,14.
The employees costs represent the 12,16% of the production costs.
Statistical
Detrimental Data
Statistically the trade activity passes through serious crises.
The area is statistically considered lowly risky.
In the region 13.782 protested subjects are found; in the province they
count to 2.673.
The insolvency index for the region is 0,30, , while for the province it
is 0,31.
Total Bankrupt companies in the province : 2.982.
Total Bankrupt companies in the region : 16.714.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.12 |
|
|
1 |
Rs.103.38 |
|
Euro |
1 |
Rs.85.32 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
Report Prepared
by : |
NNA |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to
overcome financial difficulties seems comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major sections
of this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.